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Trading Assistant - Associate - Institutional Equities Division

Morgan Stanley

Trading Assistant - Associate - Institutional Equities Division

Morgan Stanley

Mumbai, India

·

On-site

·

Full-time

·

1mo ago

Benefits & Perks

Remote work options

Design tool subscriptions

Conference and learning budget

Flexible work schedule

Creative office environment

Required Skills

Sketch

Framer

Principle

Company Profile: Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world's financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.
Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.
Global Markets Group is the offshoring arm of Morgan Stanley's Sales & Trading businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, strats to risk management.

Background on the Team: The Trading Assistant team acts as a proxy for the traders. The role is a combination of analytics and operations and is as a link between traders, structurers, risk and operations. The team ensures what the trader priced and hedged is exactly what is booked and settled correctly. The candidate will be based out of Mumbai and will be working with the China SNO Trading desk (Asia). The role suits a self-motivated, highly energetic individual who has a strong background in mathematical analysis. The role offers great opportunity to the candidates to build on their knowledge of and exposure to Equity Derivative products, risks as well as valuation.

Primary Responsibilities:

  • Trade Support/Capture
  • Expiries/Determinations/Fixings
  • Secondary Market/Indications
  • Inventory Management/Treasury Unwinds
  • Monitor upcoming autocall/barrier events, send report to trading/sales
  • Track daily price movement in the books vs the market. Analyse the correlation in the movement
  • Daily PnL Attribution

Skills Desired:

  • Work experience in Banking/Financial Services in Equity Derivatives

  • Coursework/Strong understanding in Economics, Econometrics, Finance

  • Good communication skills - written as well as telephonic. There will be regular communication with the trading desk and the person needs to be able to understand the requirements and express their thoughts clearly

  • High level of attention to detail

  • Proficiency in MS Office products

  • Excel, Powerpoint

  • Advance knowledge of Coding in Python / VBA is plus.

  • In addition, the candidate should have theoretical or practical understanding of -

  • Option Greeks and their behavior over time

  • Derivative products like Swaps, Swaptions, Spread Options, Cap/Floors, range accruals, Digitals & basic options trading strategies

  • General behavior of Equity Derivatives markets

  • Flow and Structured Products

  • Proactive in taking initiatives

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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About Morgan Stanley

Morgan Stanley

A financial services company that offers securities, asset management, and credit services.

10,001+

Employees

New York

Headquarters

Reviews

3.5

4 reviews

Work Life Balance

3.0

Compensation

2.5

Culture

3.2

Career

3.0

Management

3.0

35%

Recommend to a Friend

Pros

Skills evaluation through business plans and projects

Direct access to senior leadership interviews

Conversational interview format

Cons

Automated resume screening system issues

Focus on formatting over qualifications

Compensation concerns and salary expectations

Salary Ranges

11,766 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

1,682 reports

$114,371

total / year

Base

$96,366

Stock

-

Bonus

$18,005

$77,808

$170,800

Interview Experience

6 interviews

Difficulty

3.0

/ 5

Duration

21-35 weeks

Experience

Positive 16%

Neutral 84%

Negative 0%

Interview Process

1

Initial screening (HR/HireVue)

2

Technical rounds

3

Manager/Senior leadership interviews

4

Final round/Superday

Common Questions

Technical knowledge assessment

Behavioral questions

Role-specific scenarios

Leadership and teamwork examples